2015 York County - Rayac · In the Central York School District there were 526 homes sold in 2015...
Transcript of 2015 York County - Rayac · In the Central York School District there were 526 homes sold in 2015...
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2015
York County
Real Estate Market Report
Prepared by:
901 Smile Way
York, PA 17404
Phone: (717) 843-7891
Fax: (717) 854-0720
www.rayac.com
www.OpenThisWeek.com
Find us on Facebook and Twitter
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2015 York County Real Estate Market Report
The REALTORS® Association of York & Adams Counties (RAYAC) represents
over 900 REALTOR® members who work for the best interest of consumers -
home buyers and sellers - and advocate for private property rights. RAYAC
members also include commercial REALTORS, property managers and
appraisers.
This annual report provides an overview of York County’s real estate market as
well as providing housing trends for each of the 16 school districts. The data was
derived from the Multiple Listing Service of the REALTORS® Association of
York & Adams Counties. The statistics do not represent every real estate
transaction in the county. It does not include private real estate transactions or
new construction that did not involve a REALTOR®.
Housing continues to be a significant economic sector within our community. It
is the source of direct employment for a variety of trades and professions such as
construction, finance and insurance. Housing sales also create a huge and often
unrecognized impact on the larger economy because it unleashes additional
spending as buyers transform a house into their home to reflect their tastes and
interests.
Thank you for reading this report and please contact RAYAC with any questions
you might have.
901 Smile Way
York, PA 17404
Phone: (717) 843-7891
Fax: (717) 854-0720
www.rayac.com
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Table of Contents
York County Housing Market 3
York County New Construction Market 8
York County School District Map 9
Central York School District 10
Dallastown Area School District 12
Dover Area School District 14
Eastern York School District 16
Hanover Public School District 18
Northeastern School District 20
Northern York County School District 22
Red Lion Area School District 24
South Eastern School District 26
South Western School District 28
Southern York County School District 30
Spring Grove Area School District 32
West Shore School District 34
West York Area School District 36
York City School District 38
York Suburban School District 40
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York County Housing Market:
Number of Homes Sold In 2015 REALTORS sold 5,095 homes in York County. This reflects a 12% increase
in the number of homes sold compared to 2014. Every school district in York County
had an increase in the number of sales in 2015. The total dollar volume reached
$849,496,695 reflecting a 13% increase compared to 2014 sales.
*West Shore & Northern School District are covered by two MLS systems and this is the
information reported from the RAYAC MLS system.
School District 2015
Sold
2014
Sold
2010
Sold
2005
Sold
% Change
Over
1 Year
% Change
Over
5 Years
% Change
Over
10 Years
Central 526 470 421 724 12% 25% -27%
Dallastown 522 499 403 750 5% 30% -30%
Dover 325 320 270 445 2% 20% -27%
Eastern 211 191 165 214 10% 28% -1%
Hanover 190 166 111 237 14% 71% -20%
Northeastern 311 279 232 464 11% 34% -33%
Northern 154 106 89 64 45% 73% 141%
Red Lion 452 412 352 601 10% 28% -25%
South Eastern 244 194 117 234 26% 109% 4%
South Western 384 323 234 462 19% 64% -17%
Southern 259 216 190 297 20% 36% -13%
Spring Grove 332 284 191 279 17% 74% 19%
West Shore 222 177 111 100 25% 100% 122%
West York 293 282 246 411 4% 19% -29%
York City 327 319 365 632 3% -10% -48%
York Suburban 343 293 274 376 17% 25% -9%
Total York County 5095 4531 3771 6290 12% 35% -19%
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York County Housing Market:
Median Home Sale Price
In York County the median home sale price increased by 1% to $152,000 compared to
2014 sales. The median sold price in York County decreased 1% in five years and
decreased 5% over the past 10 years.
School District 2015
Median
Sale
Price
2014
Median
Sale
Price
2010
Median
Sale
Price
2005
Median
Sale
Price
% Change
Over
1 Year
% Change
Over
5 Years
% Change
Over
10 Years
Central $155,000 $157,437 $170,000 $180,338 -2% -9% -14%
Dallastown $169,900 $160,000 $175,000 $184,950 6% -3% -8%
Dover $146,000 $144,250 $146,824 $147,000 1% -1% -1%
Eastern $125,000 $134,900 $139,900 $129,900 -7% -11% -4%
Hanover $129,450 $124,900 $137,000 $144,000 4% -6% -10%
Northeastern $158,000 $145,000 $155,000 $162,500 9% 2% -3%
Northern $220,000 $207,950 $183,000 $163,950 6% 20% 34%
Red Lion $155,000 $150,000 $157,500 $172,900 3% -2% -10%
South Eastern $175,000 $171,950 $183,000 $210,000 2% -4% -17%
South Western $163,500 $164,900 $170,000 $180,000 -1% -4% -9%
Southern $199,653 $204,500 $200,000 $248,000 -2% 0% -19%
Spring Grove $162,000 $159,900 $162,900 $174,900 1% -1% -7%
West Shore $179,100 $179,000 $175,000 $155,950 0% 2% 15%
West York $131,900 $123,000 $139,900 $133,900 7% -6% -1%
York City $36,000 $40,000 $52,900 $55,250 -10% -32% -35%
York Suburban $148,000 $144,900 $159,900 $144,950 2% -7% 2%
Total York County $152,000 $149,900 $153,000 $159,695 1% -1% -5%
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York County Housing Market by Price Range
The average days on market for York County in 2015 was 70 days.
This reflects an 6% decrease on average days on market over 2014 sales.
In 2015, 22% of the homes sold in York County were priced under $100,000,
49% of the homes sold were priced between $100,00-$199,999, 21% of the homes sold
were priced between $200,000-$299,999 and 8% of the homes sold were priced over
$300,000.
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York County: Month’s Supply of Inventory The month’s supply of inventory indicates how many months it would take for all the current homes
for sale on the market to sell, given a monthly sales volume. Six months supply of
inventory is considered a balanced market. The greater the number indicates there are more sellers
than buyers in the market. The lower the number indicates there are more buyers than sellers.
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York County: Foreclosure Filings
Source: Prothonotary of York County
A short sale is when the proceeds from a sale of real estate falls short from paying the
balance of the liens on the property, but the lien holder agrees to release the lien and
accept less than the amount owed on the debt. A REO Sale is a Real Estate Owned Sale
which is a class of property typically owned by a bank or government entity as a result
of a foreclosure on a property.
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York County: New Construction
The RAYAC Multi-List System only captures a part of the new home construction market
which involved a REALTOR®.
Year
Median Sold
Price
Median Finished
Square Ft $/Square Ft
2015 $ 275,736 2328 $ 118.44
2014 $ 264,054 2224 $ 118.73
2013 $ 232,676 2190 $ 115.39
2012 $ 233,981 2079 $ 118.44
2011 $ 266,350 2225 $ 119.71
2010 269,578$ 2246 120.03$
New Construction Single Family Detached Homes
2015 2014 2013 2012 2011 2010
Central 19 22 16 19 21 48
Dallastown 16 13 10 10 21 43
Dover 28 28 23 22 18 46
Eastern 4 2 1 5 8 5
Hanover 1 3 2 1 4 0
Northeastern 48 39 29 40 16 42
Northern 14 8 11 8 5 6
Red Lion 12 8 5 6 14 20
South Eastern 3 1 1 1 1 3
South Western 26 25 25 23 14 21
Southern 8 6 9 8 2 2
Spring Grove 29 28 32 25 27 35
West Shore 14 16 6 10 9 10
West York 5 3 1 0 0 12
York City 0 0 1 1 0 0
York Suburban 5 2 1 0 0 4
Total York
County 232 204 173 179 160 298
York County Number of New Home Sales By School District
Year
Median Sold
Price
Median Finished
Square Ft $/Square Ft
2015 178,859$ 1450 123.35$
2014 172,920$ 1450 $ 119
2013 $ 162,352 1501 $ 108
2012 $ 159,900 1586 $ 101
2011 $ 147,900 1496 $ 99
2010 149,900$ 1592 $ 94
New Construction Townhouse/Condo Homes
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Real Estate Activity by School District
Hanover
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Central York School District
In the Central York School District there were 526 homes sold in 2015 for a total dollar
volume of $100,571,234. The number of homes sold in 2015 increased by 12% from 2014.
The median home sale price was $155,000 in 2015. This home sale price reflects a 2%
decrease compared to 2014 sales, a 9% decrease over 5 years, and a 14% decrease over 10
years.
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Central York School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 390 198,000$ 55
Semi-Detached 32 109,750$ 74
Attached 41 110,000$ 42
Condo/Townhouse 63 122,000$ 80
Mobile Home w/ Land 0 $ - 0
Grand Total 526 155,000$ 58
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Dallastown Area School District
In the Dallastown Area School District there were 522 homes sold in 2015 for a total dollar
volume of $104,383,051. The number of homes sold in 2015 increased by 5% from 2014.
The median home sale price was $169,900 in 2015. This home sale price reflects a 6%
increase compared to 2014 sales, a 3% decrease over 5 years and an 8% decrease over 10 years.
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Dallastown Area School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 387 186,000$ 51
Semi-Detached 31 133,500$ 86
Attached 20 127,500$ 54
Condo/Townhouse 80 145,900$ 79
Mobile Home w/ Land 4 48,950$ 47
Grand Total 522 169,900$ 57
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Dover Area School District
In the Dover Area School District there were 325 homes sold in 2015 for a total dollar volume
of $49,387,695. The number of homes sold in 2015 increased by 2% from 2014.
The median home sale price was $146,000 in 2015. This home sale price reflects a 1%
increase compared to 2014 sales, a 1% decrease over 5 years and a 1% decrease over 10 years.
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Dover Area School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 224 154,900$ 63
Semi-Detached 50 128,450$ 60
Attached 24 119,750$ 65
Condo/Townhouse 19 124,500$ 132
Mobile Home w/ Land 8 65,000$ 95
Grand Total 325 146,000$ 68
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Eastern York School District
In the Eastern York School District there were 211 homes sold in 2015 for a total dollar volume
of $31,091,452 The number of homes sold in 2015 increased by 10% from 2014.
The median home sale price was $125,000 in 2015. This home sale price reflects a 7%
decrease compared to 2014 sales, an 11% decrease over 5 years and a 4% decrease over 10
years.
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Eastern York School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 164 135,000$ 62
Semi-Detached 18 94,950$ 68
Attached 16 114,500$ 34
Condo/Townhouse 6 102,500$ 75
Mobile Home w/ Land 7 54,700$ 69
Grand Total 211 125,000$ 62
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Hanover Public School District
In the Hanover Public School District there were 190 homes sold in 2015 for a total dollar
volume of $24,511,896. The number of homes sold in 2015 increased by 14% from 2014.
The median home sale price was $129,450 in 2015. This home sale price reflects a 4%
increase compared to 2014 sales, a 6% decrease over 5 years and a 10% decrease over 10 years.
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Hanover Public School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 121 139,900$ 97
Semi-Detached 32 79,750$ 66
Attached 17 133,000$ 63
Condo/Townhouse 20 110,500$ 91
Mobile Home w/ Land 0 -$ 0
Grand Total 190 129,450$ 87
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Northeastern School District
In the Northeastern School District there were 311 homes sold in 2014 for a total dollar volume
of $51,049,949. The number of homes sold in 2015 increased by 11% compared to 2014 sales.
The median home sale price was $158,000 in 2015. This home sale price reflects a 9%
increase compared to 2014 sales, a 2% increase over 5 years and a 3% decrease over 10 years.
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Northeastern School District
The charts below reflect the average days on market in each price range and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 261 174,500$ 63
Semi-Detached 22 91,700$ 111
Attached 19 127,675$ 144
Condo/Townhouse 7 110,000$ 93
Mobile Home w/ Land 2 81,000$ 155
Grand Total 311 158,000$ 73
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Northern York County School District
In the Northern York County School District there were 154 homes sold in 2015 for a total dollar
volume of $33,266,069. The number of homes sold in 2015 increased by 45% from 2014.
The median home sale price was $220,000 in 2015. This home sale price reflects a 6% increase
compared to 2014 sales, a 20% increase over 5 years and a 34% increase over 10 years.*
*Northern School District is covered by two MLS systems and this is the information reported from the
RAYAC MLS system.
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Northern York County School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 138 228,850$ 104
Semi-Detached 6 94,000$ 75
Attached 6 123,000$ 182
Condo/Townhouse 1 127,500$ 178
Mobile Home w/ Land 3 65,000$ 57
Grand Total 154 220,000$ 106
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Red Lion Area School District
In the Red Lion Area School District there were 452 homes sold in 2015 for a total dollar
volume of $74,373,317. The number of homes sold in 2015 was a 10% increase from 2014.
The median home sale price was $155,000 in 2015. This home sale price reflects a 3%
increase compared to 2014 sales, a 5% decrease over 5 years and a 10% decrease over 10 years.
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Red Lion Area School District
The charts below reflect the average days on market in each price range and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 364 169,950$ 69
Semi-Detached 50 91,747$ 78
Attached 12 110,450$ 68
Condo/Townhouse 22 110,250$ 62
Mobile Home w/ Land 4 75,000$ 91
Grand Total 452 155,000$ 70
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South Eastern School District
In the South Eastern School District there were 244 homes sold in 2015 for a total dollar
volume of $45,918,199. The number of homes sold in 2015 increased by 26% from 2014.
The median home sale price was $175,000 in 2015. This home sale price reflects a 2%
increase compared to 2014 sales, a 4% decrease over 5 years and a 17% decrease over 10 years.
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South Eastern School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 222 186,000$ 84
Semi-Detached 4 95,950$ 174
Attached 7 136,900$ 35
Condo/Townhouse 6 143,500$ 98
Mobile Home w/ Land 5 76,900$ 15
Grand Total 244 175,000$ 84
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South Western School District
In the South Western School District there were 384 homes sold in 2015 for a total dollar
volume of $70,994,066. The number of homes sold in 2015 increased by 19% from 2014.
The median home sale price was $163,500 in 2015. This home sale price reflects a 1%
decrease compared to 2014 sales, a 4% decrease over 5 years and a 9% decrease over 10 years.
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South Western School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 307 185,000$ 74
Semi-Detached 35 120,000$ 56
Attached 36 136,500$ 78
Condo/Townhouse 3 88,000$ 130
Mobile Home w/ Land 3 40,000$ 7
Grand Total 384 163,500$ 72
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Southern York County School District
In the Southern York County School District there were 259 homes sold in 2015 for a total
dollar volume of $53,007,600. The number of homes sold in 2015 increased by 20% from
2014.
The median home sale price was $199,653 in 2014. This home sale price reflects a 2%
decrease compared to 2014 sales, no change over 5 years and a 19% decrease over 10 years.
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31
Southern York County School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 219 $ 202,500 63
Semi-Detached 15 $ 120,500 114
Attached 11 $ 190,000 33
Condo/Townhouse 9 $ 200,000 68
Mobile Home w/ Land 5 $ 58,000 19
Grand Total 259 $ 199,653 64
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Spring Grove School District
In the Spring Grove School District there were 332 homes sold in 2015 for a total dollar
volume of $56,137,162. The number of homes sold in 2015 increased by 17% from 2014.
The median home sale price was $162,000 in 2015. This home sale price reflects a 1%
increase compared to 2014 sales, a 1% decrease over 5 years and a 7% decrease over 10 years.
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Spring Grove School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 254 169,900$ 70
Semi-Detached 11 107,900$ 72
Attached 27 115,000$ 66
Condo/Townhouse 34 171,615$ 180
Mobile Home w/ Land 6 75,000$ 77
Grand Total 332 162,000$ 80
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West Shore School District
In the West Shore School District there were 222 homes sold in 2015 for a total dollar volume of
$42,993,305. The number of homes sold in 2015 increased by 25% from 2014. The median home sale
price was $179,100 in 2014. This home sale price remained steady compared to 2014 sales,
increased 2% over 5 years and increased 15% increase over 10 years.*
*West Shore School District is covered by two MLS systems and this is the information reported from
the RAYAC MLS system.
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West Shore School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 180 185,700$ 77
Semi-Detached 11 96,300$ 151
Attached 29 120,000$ 157
Condo/Townhouse 2 125,500$ 48
Mobile Home w/ Land 0 -$ 0
Grand Total 222 179,100$ 95
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West York Area School District
In the West York Area School District there were 293 homes sold in 2015 for a total dollar
volume of $41,579,325. The number of homes sold in 2015 increased by 4% from 2014.
The median home sale price was $131,900 in 2015. This home sale price reflects a 7%
increase compared to 2014 sales, a 6% decrease over 5 years and a 1% decrease over 10 years.
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West York Area School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 203 149,999$ 61
Semi-Detached 36 69,950$ 42
Attached 10 89,200$ 51
Condo/Townhouse 43 116,500$ 66
Mobile Home w/ Land 1 124,900$ 26
Grand Total 293 131,900$ 59
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York City School District
In the York City School District there were 327 homes sold in 2015 for a total dollar
volume of $15,288,192. The number of homes sold in 2015 increased by 3% from 2014.
The median home sale price was $36,000 in 2015. This home sale price reflects a 10%
decrease compared to 2014 sales, a 32% decrease over 5 years and a 35% decrease over 10
years.
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York City School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 132 60,000$ 77
Semi-Detached 95 25,000$ 93
Attached 86 20,000$ 78
Condo/Townhouse 14 51,000$ 81
Mobile Home w/ Land 0 $ - 0
Grand Total 327 36,000$ 82
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York Suburban School District
In the York Suburban School District there were 343 homes sold in 2015 for a total dollar
volume of $57,074,883. The number of homes sold in 2015 increased by 17% from 2014.
The median home sale price was $148,000 in 2015. This home sale price reflects a 2%
increase compared to 2014 sales, a 7% decrease over 5 years and a 2% increase over 10 years.
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York Suburban School District
The charts below reflect the average days on market and
the number of units sold in each price range.
Type No. Sold Median Price Average Days on Market
Detached 259 157,600$ 56
Semi-Detached 34 93,700$ 82
Attached 17 13,900$ 38
Condo/Townhouse 33 142,000$ 59
Mobile Home w/ Land 0 -$ 0
Grand Total 343 148,000$ 57